Wednesday, July 23, 2014 3:31 AM EST

IMF

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development. It also offers highly leveraged loans mainly to poorer countries. Its headquarters are located in Washington, D.C., United States.

Articles About IMF

Leaders of BRICS and UNASUR attend the summit
BRICS Create Development Bank to Rival IMF, World Bank

By IBTimes AU

Emerging super nations BRICS (Brazil, Russia, India, China and South Africa) have finally made good a plan flaunted in 2012 to establish a BRICS development bank that could rival and possibly topple the IMF and World Bank. (Jul 18)

MORE TOPICS: CHINA, GOLDMAN SACHS, RUSSIA, INDIA, SOUTH AFRICA, INTERNATIONAL MONETARY FUND

Ellen DeGeneres Earns $15M Profit in $55M LA Mansion Sales to Sean Parker

By IBTimes AU

American talk show host Ellen DeGeneres is $15 million richer after she sold her modernist Brody mansion in Los Angeles Westside to Napster co-founder Sean Parker in an off-market deal for a staggering $55 million. (Jul 09)

MORE TOPICS: CALIFORNIA, COURT, AUSTRALIA, INTERIOR DESIGN, LOS ANGELES, JUSTIN BIEBER

U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.
Australian Dollar Outlook -07 July 2014

By IBTimes AU

Bell FX Currency Outlook: The Australian Dollar opens this morning little changed from Friday's levels as trading was very quiet due to the US Independence Day holiday. (Jul 07)

MORE TOPICS: AUSTRALIA, CHINA, FEDERAL RESERVE, UNEMPLOYMENT, AIG, TRADE BALANCE

Janet Yellen
Australian Stock Market Report – Morning July 3, 2014

By Comsec

Federal Reserve Chair Yellen delivered a speech at an IMF conference in Washington. She believes that raising interest rates to fight asset bubbles would be a bad idea, instead she argued better regulation would mitigate financial risk. (Jul 03)

MORE TOPICS: GOLD, FEDERAL RESERVE, IRAQ, DOW JONES, FTSE, MANUFACTURING

Rangers Catch 3.7-m Monster Saltwater Crocodile Stalking Aussie Primary School Children

By IBTimes AU

Rangers have finally caught the 3.7-m monster saltwater crocodile which stalked Aussie primary school children every time the bell rang at Injinoo Junior Campus in Cape York, a small, remote school at the northern end of Queensland. (Jun 25)

MORE TOPICS: AUSTRALIA

NZ Economic Growth 'Fastest in 6 Years' as Christchurch Construction Continues

By IBTimes AU

The ongoing construction work in quake-damaged Christchurch has boosted New Zealand's economy growth to its fastest rate in six years. (Jun 20)

MORE TOPICS: GDP, AUSTRALIA, ELECTIONS, INTERNATIONAL MONETARY FUND

Global Markets Overview – June 17, 2014

By IG Markets

After a downbeat European session, sentiment managed to recover in US trade, despite a continuation of Iraq concerns. There was some positive data out of the US including the Empire State manufacturing index, industrial production and the NAHB housing market index. (Jun 17)

MORE TOPICS: CHINA, GOLD, IRAQ, DOW JONES, FTSE, MANUFACTURING

Australian Stock Market Report – Morning June 17, 2014

By Comsec

In US economic data, the New York Federal Reserve manufacturing index rose from +19.01 to +19.28 in June, above forecasts for a result near +15. Industrial production rose by 0.6% in May, just above forecasts. And capital flows into the US totalled US$136. (Jun 17)

MORE TOPICS: GOLD, FEDERAL RESERVE, IRAQ, DOW JONES, FTSE, MANUFACTURING

Steam rises from the stacks of the coal-fired Jim Bridger Power Plant
Australia to 'Fail' in Achieving Carbon Emission Reduction Targets Due to Shortfall

By IBTimes AU

Australia is expected to achieve less than a third of its target carbon emission cuts, according to research firm Reputex. The report may be a reflection of the country's climate change policy. (Jun 13)

MORE TOPICS: AUSTRALIA, CLIMATE CHANGE, TONY ABBOTT, INTERNATIONAL MONETARY FUND

Iraqi security forces leave a military base as Kurdish forces take over control in Kirkuk June 11, 2014.
500,000 Iraqi Forced to Flee From Mosul Takeover - IOM

By IBTimes AU

An estimated 500,000 Iraqi have been forced to flee from Mosul, Ninewa governorate, the second largest city in Iraq after Armed Opposition Groups (AOG) completely took over the city according to International Organization for Migration (IOM). (Jun 12)

MORE TOPICS: IRAQ, TWITTER, FACEBOOK, AUSTRALIA, THAILAND, TONY ABBOTT